Geezer, if more weak Chinese data comes out, a huge pipeline of new stimulus will be announced. This will add to the urgency of buying ship bourne IO while it is still cheap.
The weaker China's economy is, the more stimulus in the pipeline. Don't be fooled by Chanos, China has had the foot on the brake for a while year now on property construction. The IO price tank was artifically engineered but can't be sustained.
The buying trickel will become a buying flood, then a buying torrent and fnally into a buying Tsunami.
With US QE3 and the Germans passing the ECB measures into law, you will be toast.
If you lose your shirt, please don't feel the need to explain yourself on HC by telling us how you are still making a killing.
It won't make you feel better. Trust me.
great day, page-23
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Last
$21.59 |
Change
-0.270(1.24%) |
Mkt cap ! $66.47B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.51 | $95.00M | 4.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7115 | $21.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.59 | 4291 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |